l*********u 发帖数: 19053 | 1 Toyota Motor Co. has announced an agreement worth more than $1 billion to
settle a lawsuit involving unintended acceleration in some of its vehicles.
Under terms of the settlement, filed Wednesday in federal court in Santa Ana
, Toyota will install a brake-override system in an estimated 3.25 million
vehicles and compensate car owners for the alleged reduced value of the
vehicles, among other terms.
According to attorneys for the plaintiffs, the estimated value of the
settlement makes it the largest of its kind, although there have been larger
non-auto industry class settlements in recent years. They said the
settlement provides that 16 million current Toyota owners will be eligible
for a customer care plan that provide a warranty for certain parts alleged
to be tied to unintended acceleration claims.
After a fiery crash of a Lexus, Toyota's luxury brand, took four lives near
San Diego in August 2009, the National Highway Traffic Safety Administration
concluded that floor mats could entrap pedals in Toyota vehicles, leading
the Japanese automaker to issue its largest recall ever. That, in turn, led
to a series of subsequent investigations and recalls stretching over several
years.
http://www.latimes.com/business/autos/la-fi-toyota-to-pay-at-le |
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